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U.S. Treasury yields subside to take dollar off 13-and-a-half year peak, Asian stocks

 
 



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Old 11-17-2016, 12:34 AM   #1
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Default U.S. Treasury yields subside to take dollar off 13-and-a-half year peak, Asian stocks

U.S. Treasury yields eased on Thursday as a week-long surge that followed Donald Trump's shock election win subsided further, dragging the dollar off a 13-1/2 year peak set overnight and nudging Asian stocks a touch higher. Japanese government bond yields also fell back from multi-month highs after the Bank of Japan conducted a special fixed-rate bond buying operation for the first time, firing a warning shot against excessive yield moves. The dollar index, which measures the greenback's strength against a basket of major currencies, stood at 100.280 after climbing to 100.570 overnight, its highest since April 2003.




U.S. Treasury yields subside to take dollar off 13-and-a-half year peak, Asian stocks firm
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